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Pros & Cons
Pros
- +Welcome Bonus: $200
- +No annual fee
Cons
- –No purchase protection
Our Review
Elevate Your Student Spending with the Bank of America Customized Cash Rewards for Students Card
- 6% cash back in a category you choose each month for your first year (3% thereafter) on up to $2,500 combined quarterly spend—choose from gas & EV charging, online shopping, dining, travel, drugstores or home improvement
- 2% cash back at grocery stores and wholesale clubs on up to $2,500 quarterly spend
- 1% cash back on all other purchases
- $200 online bonus after you spend $1,000 in the first 90 days
- 0% intro APR on purchases and balance transfers for 15 billing cycles
- No annual fee
Designed for students with good to excellent credit, this card lets you maximize rewards on the purchases that matter most—whether you’re fueling up, ordering textbooks online or grabbing groceries for your dorm. Change your bonus category each month to match your plans, redeem any amount of cash back immediately, and take advantage of an extended no‑interest period for larger expenses.
Terms apply. Quarterly cap of $2,500 on 6%/3% and 2% categories before earning 1%. Balance transfer fee: 3% for first 60 days, then 4%. Ongoing APR: 18.24%–28.24% variable. Foreign transaction fee: 3%. See issuer for details.
Rewards
All Spending
1x
Cash Back pts per dollar
Groceries
2x
Cash Back pts per dollar
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Points Earned
38,400
Cash Back/yr
Estimated Value
$384
After Fees
+$384
1st Year Value
$386
incl. welcome bonus
Breakdown
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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Milesopedia USA may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Bank of America. All trademarks are property of their respective owners.
